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Junior Quant Jobs (NOW HIRING)

Junior Quant Developer

New York, NY · On-site

$105K - $120K/yr

The Quant Technology team partners closely with researchers, portfolio managers, and developers to power data-driven investment strategies using modern platforms like CANVAS ® . Team members ...

Junior Quant Developer

New York, NY · Hybrid

$105K - $120K/yr

The Quant Technology team partners closely with researchers, portfolio managers, and developers to power data-driven investment strategies using modern platforms like CANVAS. Team members collaborate ...

Delta One Desk Quant

New York, NY

$22.50 - $30.75/hr

Prestigious financial firm is seekinga strong junior quant to support the business across risk, inventory optimization and collateral management. Responsibilities: Work with business and technology ...

Junior Trader

Manhattan, NY · On-site

$250K/yr

This opportunity is ideal for a highly adaptable Junior Quant/Trader looking to gain exposure across multiple areas of systematic trading. Working directly alongside senior leadership, you will ...

Delta One Desk Quant

New York, NY · On-site

$22.50 - $30.75/hr

Prestigious financial firm is seeking a strong junior quant to support the business across risk, inventory optimization and collateral management. Responsibilities: Work with business and technology ...

Jr. Quantitative Developer

Manhattan, NY

$73K - $95K/yr

As a Jr. Quantitative Developer, you wil l: Build research tools and applications for processing and examining market data Develop and test data-centric theories aimed at understanding market ...

Jr. Quantitative Developer

Manhattan, NY · On-site

$73K - $95K/yr

As a Jr. Quantitative Developer, you wil l: • Build research tools and applications for processing and examining market data • Develop and test data-centric theories aimed at understanding market ...

The ideal candidate is a motivated junior quant researcher/developer with knowledge and interest at the intersection of financial markets, machine learning, and data engineering. * Key ...

Quant Developer

Manhattan, NY · On-site

$90K - $110K/yr

Bayview Asset Management, LLC is looking for a junior Quantitative Developer with strong technical skills in quantitative analysis, programming, and databases with 0-3 years' experience. The ...

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How much do junior quant jobs pay per hour?

As of Jul 1, 2026, the average hourly pay for junior quant in the United States is $26.96, according to ZipRecruiter salary data. Most workers in this role earn between $16.35 and $33.17 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Junior Quant, and why are they important?

To thrive as a Junior Quant, you need a strong background in mathematics, statistics, programming (often Python, C++, or R), and typically a degree in a quantitative field such as mathematics, physics, computer science, or engineering. Familiarity with financial modeling tools, statistical analysis software, and version control systems like Git is often required. Outstanding analytical thinking, attention to detail, and the ability to work collaboratively in high-pressure environments are crucial soft skills. These skills and qualities enable Junior Quants to deliver accurate models and insights that drive successful trading and risk management decisions.

What jobs make $1,000,000 a year?

Junior Quant roles typically do not reach $1,000,000 annually; such high earnings are usually associated with senior positions, hedge fund managers, or successful traders in finance. These roles often require extensive experience, advanced quantitative skills, and sometimes ownership stakes or performance-based bonuses. Most professionals aiming for this level of income focus on developing expertise in quantitative analysis, programming, and financial markets.

What jobs pay $500,000 a year in the US?

In the US, high-paying roles such as senior hedge fund managers, investment bankers, and certain senior executives can earn $500,000 or more annually. Junior Quant roles typically do not reach this level, but experienced quantitative analysts with advanced skills in programming, statistics, and finance may approach high six-figure salaries with bonuses and profit sharing.

What are Junior Quants?

Junior Quants, short for Junior Quantitative Analysts, are entry-level professionals who use mathematical, statistical, and programming skills to analyze financial data and develop models for tasks such as pricing, risk management, and trading strategies. They typically work in investment banks, hedge funds, or financial technology firms under the guidance of senior quantitative analysts. Their responsibilities may include data analysis, coding algorithms, backtesting trading strategies, and supporting senior team members in research and decision-making. Junior Quants often hold degrees in fields like mathematics, physics, engineering, or computer science and may be familiar with programming languages such as Python, R, or C++.

Does JP Morgan hire quants?

Yes, JP Morgan hires quantitative analysts, often called quants, for roles in risk management, trading, and financial modeling. These positions typically require strong skills in mathematics, programming, and data analysis, and may involve using tools like Python, R, or MATLAB. The firm regularly recruits for junior and senior quant roles across its global offices.

How much does a junior quant make?

A junior quant typically earns between $70,000 and $120,000 annually, depending on the location, firm size, and individual skills. Entry-level roles often require proficiency in programming languages like Python or C++ and a strong background in mathematics or finance.

What is the difference between Junior Quant vs Quant Analyst?

AspectJunior QuantQuant Analyst
Required CredentialsBachelor's degree in Math, Finance, or related field; some internshipsBachelor's or Master's degree; often requires some experience
Work EnvironmentEntry-level, supportive team, learning-focusedMore independent, analytical, and project-driven
Employer & Industry UsageFinancial firms, hedge funds, asset managersFinancial institutions, investment banks, hedge funds

Junior Quants are typically entry-level roles requiring foundational skills and limited experience, focusing on learning and supporting senior staff. Quant Analysts usually have more experience, handling complex models and analysis independently. Both roles are common in finance and investment sectors, but Quant Analysts have greater responsibilities and expertise.

What are some common challenges faced by Junior Quants when transitioning from academic work to industry roles?

Junior Quants often find that moving from academic environments to industry roles presents challenges such as adapting to fast-paced deadlines, learning to work within multidisciplinary teams, and applying theoretical models to real-world, often noisy, data. In industry, there's a strong emphasis on producing actionable results and collaborating closely with traders, developers, and other stakeholders. Developing strong communication skills and becoming proficient with industry-standard tools and programming languages are key to overcoming these challenges and excelling in the role.
More about Junior Quant jobs
What cities are hiring for Junior Quant jobs? Cities with the most Junior Quant job openings:
What are the most commonly searched types of Quant jobs? The most popular types of Quant jobs are:
What states have the most Junior Quant jobs? States with the most job openings for Junior Quant jobs include:
Infographic showing various Junior Quant job openings in the United States as of June 2026, with employment types broken down into 93% Full Time, and 7% Contract. Highlights an 65% In-person, 21% Hybrid, and 14% Remote job distribution, with an average salary of $56,068 per year, or $27 per hour.
Junior Quant Developer

Junior Quant Developer

Franklin Templeton

New York, NY • On-site

$105K - $120K/yr

Full-time

Medical, Retirement, PTO

Posted 14 days ago


Key responsibilities

  • Work directly with senior developers and research group to integrate and optimize research data processes and models.

  • Design and develop in C#/Python/SQL in a stable and scalable manner.

  • Build robust data pipelines from many sources of varied levels of data quality, supporting both research demands, ad-hoc client analytic requests, and the core production applications.


Franklin Templeton rating

9.8

Company rating: 9.8 out of 10

Based on 5 frontline employees who took The Breakroom Quiz


Job description

O'Shaughnessy Asset Management (OSAM) is part of Franklin Templeton, a forward-thinking asset manager that has built its success through powerful partnerships. We leverage cutting-edge strategies and deep insights to unlock opportunities for long-term wealth creation. Our talented, global teams bring expertise that is both broad and unique.
O'Shaughnessy Asset Management is a research and money management firm based in Stamford, Connecticut operating autonomously and backed with global, enterprise resources. Their approach to managing money is transparent, logical, and completely disciplined, leading to long-standing relationships with clients. OSAM is a leading provider of Custom Indexing services via its Canvas® platform which offers financial advisors an unprecedented level of control and ease in creating and managing personalized separately managed accounts (SMAs) that target improved after-tax outcomes.
For more firm information, please visit www.osam.com
About the Department
O'Shaughnessy Asset Management (OSAM), part of Franklin Templeton, is a quantitative investment firm that builds disciplined, transparent investment solutions for institutions and financial advisors. The Quant Technology team partners closely with researchers, portfolio managers, and developers to power data-driven investment strategies using modern platforms like CANVAS®. Team members collaborate in a highly technical, research-focused environment and gain exposure to cutting-edge portfolio construction, analytics, and financial technology.
For more information on our firm, visit our website, www.osam.com
How you will add value
  • Work directly with senior developers and research group to integrate and optimize research data processes and models
  • Design and develop in C#/Python/SQL in a stable and scalable manner.
  • Build robust data pipelines from many sources of varied levels of data quality, supporting both research demands, ad-hoc client analytic requests, and the core production applications.
  • Work with researchers, portfolio managers, and quants to implement, support, and run portfolio models.

What will help you be successful in this role
  • Bachelor's degree in computer science or related field of study.
  • Solid computer science fundamentals
  • Knowledge of data structures and algorithms
  • 0-1 years of prior professional programming experience
  • C#, Python, and SQL scripting experience (SQL Server)
  • Working knowledge developing in MS Visual Studio (or VS Community editions)
  • Familiarity with proper source control practices (Git preferred)
  • Excellent communication skills to be able to interact with a wide range of users ranging from very technical (quants) to non-technical
  • Strong analytical skillset with demonstrated attention to detail
  • Quick learner with the ability to adapt quickly and work in a dynamic environment

Optional Skills and Experience:
  • Experience working in a financial services company, ideally in asset management
  • Experience working in a front office environment with researchers and portfolio managers
  • Advanced degree a plus
  • Familiarity with financial markets
  • Experience with DevOps practices, including CI/CD, and infrastructure-as-code
  • Working knowledge developing with Azure technologies

Work Schedule & Location
  • This role will work a hybrid schedule in our New York City office, 3 days/week

Franklin Templeton offers employees a competitive and valuable range of total rewards - monetary and non-monetary - designed to support their well-being and recognize their time, talents, and results. Along with base compensation, employees are eligible for an annual discretionary bonus, a 401(k) plan with a generous match, and recognition rewards. We also offer a comprehensive benefits package, which includes a range of competitive healthcare options, insurance, and disability benefits, employee stock investment program, learning resources, career development programs, reimbursement for certain education expenses, paid time off (vacation / holidays / sick / leave / parental & caregiving leave / bereavement / volunteering / floating holidays) and a motivational wellbeing program. We expect the annual salary for this position to range between $105,000 - $120,000, depending on location and level of relevant experience, plus discretionary bonus.
#ASSOCIATE
Franklin Templeton is an Equal Opportunity Employer. We are committed to providing equal employment opportunities to all applicants and employees, and we evaluate qualified applicants without regard to ancestry, age, color, disability, genetic information, gender, gender identity, or gender expression, marital status, medical condition, military or veteran status, national origin, race, religion, sex, sexual orientation, and any other basis protected by federal, state, or local law, ordinance, or regulation.